#TradingPairs101 #TradingPairs101 (approx. 150 words in bullet points):
🔄 What Are Trading Pairs?
Trading pairs allow you to exchange one cryptocurrency for another (e.g., BTC/USDT means buying or selling Bitcoin using Tether).
💱 Base vs Quote Currency:
First in the pair: Base currency (what you're buying/selling).
Second: Quote currency (what you're using to price or pay).
Example: In ETH/BTC, you're trading Ether with Bitcoin as the pricing unit.
🪙 Types of Pairs:
Crypto-to-Fiat: BTC/USD, ETH/INR
Crypto-to-Stablecoin: BTC/USDT, SOL/USDC
Crypto-to-Crypto: ETH/BTC, ADA/SOL
📊 Why It Matters:
Determines liquidity and spread.
Helps in arbitrage and finding best exchange paths.
Key to understanding price movement between assets.
⚠️ Tip:
Always check which asset you're buying/selling and